L&T wins major orders in India for Building & Factories Business

The Buildings & Factories (B&F) vertical of Larsen & Toubro has recently secured major orders in India.

The Business has secured an order from a reputed MNC for one of the largest proposed IT Parks with a development of 5.9 million sq. feet on a Lumpsum Turnkey basis at Bengaluru and to be delivered in two phases.

The key features include A grade office space development in warm shell basis with USGBC New Building - Platinum rating towards LEED Certification for sustainability. The warm shell construction includes developing six towers (Towers 1,2,3,4,5 & 6 with 14 Storeys (Common Basement of 3 Floors + Ground + 10 Floors + Terrace).

The major scope of works involve civil structure works, unitized façade glazing, architectural lighting, finishes, electromechanical services (high & low sides for FPS, electrical, HVAC, PHE, elevators & escalators, ELV systems), a GIS substation, Solar PV system, LPG gas bank, WTP, STP, UG tanks, stack parking, along with an extensive scope of hardscaping, landscaping and irrigation in external development areas.

The order reinforces L&T's track record and proven expertise in delivering complex and large-scale office space projects with stringent timelines.

The business has also secured an order from a reputed developer to construct a mixed-use development project in Mumbai. The project is to be executed within a timeline of 45 months.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3732.35 as compared to the previous close of Rs. 3670.15. The total number of shares traded during the day was 81874 in over 7380 trades.

The stock hit an intraday high of Rs. 3744.85 and intraday low of 3667.30. The net turnover during the day was Rs. 302820424.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin Buildings Factories